Rigs and Vessels

Giant Chinese rig deal held up by SinoOcean price dispute

Increased demand for offshore units boosts bargaining power for Chinese yards

Low valuations: the jack-up Guoshuo built by Shanghai Waigaoqiao Shipbuilding is chartered by COSL for operation offshore Indonesia.
Low valuations: the jack-up Guoshuo built by Shanghai Waigaoqiao Shipbuilding is chartered by COSL for operation offshore Indonesia.Photo: SWS
  • Xu Yihe
Houston
ChinaCNOOCDISC OffshoreCOSLEast Asia
Published 27 February 2023, 22:37Updated 1 March 2023, 08:59